Prosperity Consulting Group LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Prosperity Consulting Group LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 329.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,825 shares of the company’s stock after purchasing an additional 25,948 shares during the period. Prosperity Consulting Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,446,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 3EDGE Asset Management LP lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 309.6% during the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock worth $135,997,000 after acquiring an additional 2,405,474 shares during the period. Jane Street Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $57,992,000. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after acquiring an additional 620,049 shares during the period. Cerity Partners LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after acquiring an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after acquiring an additional 461,936 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $47.03 on Wednesday. The firm has a market cap of $14.52 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $48.56. The firm’s 50-day simple moving average is $46.52 and its 200-day simple moving average is $43.77.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.